Plexus

Plexus

Manufactures and repairs medical devices

About Plexus

Simplify's Rating
Why Plexus is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Robotics & Automation

Healthcare

Company Size

5,001-10,000

Company Stage

IPO

Total Funding

N/A

Headquarters

Oradea, Romania

Founded

1979

Overview

Plexus Corp. offers engineering and manufacturing services tailored for medical device manufacturers, focusing on aftermarket repair and maintenance for drug delivery devices. Their services lead to a 50% improvement in turnaround times and a 25% reduction in service program costs. Plexus stands out by providing end-to-end solutions and utilizing tools like SMART and SCORS to enhance supply chain efficiency and risk management. The company's goal is to deliver high-quality, reliable solutions that improve the overall efficiency of medical device manufacturing.

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Simplify's Take

What believers are saying

  • Partnership with Simbe Robotics expands market reach in the retail automation sector.
  • Acquisition of a new office building enhances design capabilities and attracts regional clients.
  • Collaboration with Arch Systems integrates Industry 4.0, improving manufacturing efficiency and quality.

What critics are saying

  • Closure of Portland facility may disrupt operations and lead to regional business loss.
  • Partnership with Simbe Robotics could strain manufacturing if demand exceeds capacity.
  • Acquisition of Raleigh office may increase costs without immediate revenue generation.

What makes Plexus unique

  • Plexus offers end-to-end solutions from design to maintenance, ensuring high-quality services.
  • The company specializes in aftermarket repair for medical devices, improving efficiency and cost-effectiveness.
  • Plexus employs advanced tools like SMART and SCORS for risk mitigation and supply chain optimization.

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Benefits

Professional and personal development

Plexus Global Mentor Program

Accessible Resources

Company News

Financial Post
Feb 17th, 2025
Plexus to Present at the Raymond James 46th Annual Institutional Investors Conference

NEENAH, WI, Feb. 17, 2025 (GLOBE NEWSWIRE) - Plexus Corp. (NASDAQ: PLXS) announced today that it will attend the Raymond James 46th Annual Institutional Investors Conference in Orlando, FL on March 3, 2025.

Bizjournals
Dec 24th, 2024
Plexus buys office building near its North Carolina design center

The vacant office building in Raleigh, North Carolina, was bought by $4 billion company Plexus Corp., of Neenah.

The Robot Report
May 9th, 2024
Simbe Partners With Plexus To Scale Tally Inventory Robot

Simbe partners with Plexus to scale Tally inventory robot. By Mike Oitzman | May 9, 2024Listen to this articleSimbe is now selling and deploying large fleets of its Tally inventory scanning robots to large retailers. | Credit: Simbe. Simbe Robotics has partnered with Plexus Corp. to manufacture its Tally inventory scanning robot to meet growing demand. Plexus will assist Simbe’s growing operations and customer base, which spans numerous countries, and enable the company to meet surging interest from prospective retail partners globally

EIN News
May 7th, 2024
Simbe Announces Partnership with Plexus Corp. to Scale Manufacturing and Meet Global Retail Demand

Simbe announces partnership with Plexus Corp. to scale Manufacturing and meet global retail demand.

Bizjournals
Apr 23rd, 2024
Global manufacturer Plexus shutting down Portland location

Plexus Corp., a Wisconsin-headquartered global manufacturing company, is closing a Northeast Portland facility, resulting in 75 lost jobs, according to a filing with the state.

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